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Water Supply Economics, Technology, and Policy
Author(s) -
DeHaven James C.
Publication year - 1963
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1963.tb01046.x
Subject(s) - order (exchange) , argument (complex analysis) , competition (biology) , relation (database) , water supply , economics , procurement , process (computing) , variance (accounting) , law and economics , environmental economics , computer science , management , engineering , accounting , ecology , biochemistry , chemistry , finance , database , environmental engineering , biology , operating system
This article summarizes a study to demonstrate by argument and example that the correct application of economic principles will produce the greatest efficiency in water supply procurement and use in relation to, and in competition with, all the other desires of the community, as based on the values established by the community. Although many of the arguments presented are at variance with the present practice governing the use of existing water supplies and the development of new supplies, they indicate that certain “reforms” now in process (for example, changes taking place in water law) and supposedly directed to an improvement in the decision‐making practice, will actually make things worse. In other words, this study indicates that a major change, rather than merely a marginal modification, in the trend of current practice and thought on water supply problems is in order.